{
  "id": 19298501,
  "title": "FG approves $2 billion East-West Super Grid to boost transmission capacity to 19,000MW",
  "url": "https://urgent.news/2026/11/10/fg-approves-2-billion-east-west-super-grid-to-boost-transmission",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-10T06:20:52.000Z",
  "source": {
    "name": "Nairametrics",
    "slug": "nairametrics",
    "url": "https://nairametrics.com/2026/11/10/fg-approves-2-billion-east-west-super-grid-to-boost-transmission-capacity-to-19000mw/"
  },
  "original_language": "en",
  "account": "The Federal Government of Nigeria has approved a $2 billion investment for a new East-West Super Grid. This project aims to enhance Nigeria's electricity transmission network and provide an additional transmission capacity of at least 19,000 megawatts. Minister of Power, Olasunkanmi Tegbe, announced the decision on Monday, according to the News Agency of Nigeria. The Super Grid will stretch through various locations including Funtua, Gwagwalada, Ikot-Ekpene, Benin, Epe, and Ilorin, with completion projected within 18 to 24 months. Tegbe announced that procurement procedures have commenced following the presidential approval. He emphasized that the new Super Grid would augment the existing national grid, rather than supersede it, by offering extra transmission capacity to bolster electricity delivery nationwide. The initiative is part of a larger strategy to pinpoint and rectify weaknesses within the transmission network. An audit initiated shortly after Tegbe took office highlighted deficiencies involving transmission towers, insulators, conductors, and relays across multiple transmission corridors. These issues will be addressed through the replacement of critical equipment, ensuring government expenditure targets actual infrastructure failures. The minister also singled out the Oshogbo–Ikeja West transmission line as a priority for restoration. Furthermore, Tegbe highlighted financial constraints facing electricity generation companies (GenCos) as a critical challenge. The government plans to settle outstanding obligations by 2027 to bolster liquidity and bolster electricity generation. Tegbe also pointed to underutilized power plants in the Niger Delta as a potential avenue to augment electricity supply. He noted that enhancing these plants' performance, coupled with resolving gas supply and transmission issues, would contribute to a higher volume of electricity reaching consumers. The Electricity Act 2023 marks a significant development in Nigeria's power sector restructuring. This act enables state governments and private investors to engage in electricity generation, transmission, and distribution. Last month, Tegbe outlined a roadmap aimed at stabilizing Nigeria's electricity grid and expanding transmission capacity, with an emphasis on enhancing supply and attracting new investment. President Bola Tinubu signed the Electricity Act 2023 into law in June 2023, supplanting the Electric Power Sector Reform Act 2005 and establishing a framework for the post-privatization phase of the Nigerian Electricity Supply Industry. In March 2026, the federal government reported that power-sector reforms had attracted $2 billion in investment and reduced liabilities to N146 billion. Additionally, 16 state electricity markets had been activated. However, regulatory coordination remains a significant hurdle. In April 2026, PricewaterhouseCoopers (PwC) noted that the success of Nigeria's electricity reforms hinges on the establishment of clearer regulatory frameworks and stronger collaboration between federal and state authorities.",
  "summary": "The Federal Government has approved a $2 billion investment in a new East-West Super Grid designed to strengthen Nigeria’s electricity transmission network and provide additional capacity of at least 19,000 megawatts. The post FG approves $2 billion East-West Super Grid to boost transmission capacity to 19,000MW appeared first on Nairametrics .",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}